Consider the three stocks in the following table. P(t) represents price at time t, and Q (t) represents share outstanding at time t. Stock C splits two for one in the last period.
|
P(0) |
Q(0) |
P(1) |
Q(1) |
P(2) |
Q(2) |
|
|
A |
90 |
100 |
95 |
100 |
95 |
100 |
|
B |
50 |
200 |
45 |
200 |
45 |
200 |
|
C |
100 |
200 |
110 |
200 |
55 |
400 |
First, calculate the price weighted indexes at t=0 and t=1. Based on the two numbers calculate the rate of return.
What must happen to the divisor for the price-weighted index in year 2?
Calculate the price weighted index at t=2. Based on the index number at t=1 and t=2, calculate the rate of return.
In: Finance
What measures should South Africa put in place to ensure that the weakening rand does not affect growth?
In: Economics
The current market price is $250 and quantity demanded at that price is 100 for textbooks. If price decreases to $100, and quantity demanded increased to 350. How much is the price elasticity of demand. Is the market for the economics textbook elastic, inelastic or unit elastic, and why?
Given the information on the price elasticity of demand of textbook, what happens to total revenue for this market for the decrease in price from $250 to $100.
In: Economics
die's job is to output an error message alarmingly and terminate the program. You may copy my
function definition, or use your own:
// The following 4 lines should be present if we have a die function:
#include <iostream> // cout, endl
#include <string> // string
#include <cstdlib> // exit, EXIT_FAILURE
using namespace std;
bool die(const string & msg){
cout <<"Fatal error: " <<msg <<endl;
exit(EXIT_FAILURE);
}
4. Use rand to randomly choose one of the five operators * / % + - .
Use rand again to choose a random int in the range [1, 20].
Use rand again to choose a second random int in the range [1, 20].
Ask the user what the answer to the corresponding equation is.
C&d on input failure
Tell the user whether he's correct.
An example run of your program might go as
What's the answer to 14 * 3 ?
42
Yes, that's the right answer!
In: Computer Science
You have 21 cards written from 1 to 21. The number K is inputted from a command window (using input command). First, please shuffle these 21 cards such that the sequence becomes random (using rand command). You need to make a function of New_Cards=shuffle(Orig_Card), where New_Cards is a 1X21 vector that has random sequence of the cards (Ex. New_Cards=[ 14 7 21 6….. 9 1 3 5 8]). When the first even number is greater than K, you should print in the command window saying that ‘You win!’, otherwise ‘You lost!’. K should be set as a global variable in the main cell. Please create a function of Output = game(New_Cards). Output is 1 when the first even number is greater than K, and it is 0 when the first even number is less than K.(Using Matlab)
In: Computer Science
Summarize the results from the famous RAND health care study and compare those results to current Medicaid studies.
In: Economics
Direct financing and sales-type lease; lessee and lessor
Rand Medical manufactures lithotripters. Lithotripsy uses shock waves instead of surgery to eliminate kidney stones. Physicians’ Leasing purchased a lithotripter from Rand for $2,000,000 and leased it to Mid-South Urologists Group, Inc., on January 1, 2016.
| Lease Description: | |
| Quarterly lease payments | $130,516—beginning of each period |
| Lease term | 5 years (20 quarters) |
| No residual value; no BPO | |
| Economic life of lithotripter | 5 years |
| Implicit interest rate and lessee’s incremental borrowing rate | 12% |
| Fair value of asset | $2,000,000 |
Collectibility of the lease payments is reasonably assured, and there are no lessor costs yet to be incurred.
Required:
1. How should this lease be classified by Mid-South Urologists Group and by Physicians’ Leasing?
2. Prepare appropriate entries for both Mid-South Urologists Group and Physicians’ Leasing from the inception of the lease through the second rental payment on April 1, 2016. Depreciation is recorded at the end of each fiscal year (December 31).
3. Assume Mid-South Urologists Group leased the lithotripter directly from the manufacturer, Rand Medical, which produced the machine at a cost of $1.7 million. Prepare appropriate entries for Rand Medical from the inception of the lease through the second lease payment on April 1, 2016.
In: Accounting
Rand Medical manufactures lithotripters. Lithotripsy uses shock waves instead of surgery to eliminate kidney stones. Physicians’ Leasing purchased a lithotripter from Rand for $2,710,000 and leased it to Mid-South Urologists Group, Inc., on January 1, 2018. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)
Lease Description: Quarterly lease payments $ 191,737—beginning of each period Lease term 5 years (20 quarters) No residual value; no purchase option Economic life of lithotripter 5 years Implicit interest rate and lessee's incremental borrowing rate 16% Fair value of asset $ 2,710,000
Required: 1. How should this lease be classified by Mid-South Urologists Group and by Physicians' Leasing?
2. Prepare appropriate entries for both Mid-South Urologists Group and Physicians' Leasing from the beginning of the lease through the second rental payment on April 1, 2018. Adjusting entries are recorded at the end of each fiscal year (December 31).
3. Assume Mid-South Urologists Group leased the lithotripter directly from the manufacturer, Rand Medical, which produced the machine at a cost of $2.3 million. Prepare appropriate entries for Rand Medical from the beginning of the lease through the second lease payment on April 1, 2018.
In: Accounting
Rand Medical manufactures lithotripters. Lithotripsy uses shock waves instead of surgery to eliminate kidney stones. Physicians’ Leasing purchased a lithotripter from Rand for $2,940,000 and leased it to Mid-South Urologists Group, Inc., on January 1, 2018. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Lease Description: Quarterly lease payments $ 208,010—beginning of each period Lease term 5 years (20 quarters) No residual value; no purchase option Economic life of lithotripter 5 years Implicit interest rate and lessee's incremental borrowing rate 16% Fair value of asset $ 2,940,000
Required:
1. How should this lease be classified by Mid-South Urologists Group and by Physicians' Leasing?
2. Prepare appropriate entries for both Mid-South Urologists Group and Physicians' Leasing from the beginning of the lease through the second rental payment on April 1, 2018. Adjusting entries are recorded at the end of each fiscal year (December 31).
3. Assume Mid-South Urologists Group leased the lithotripter directly from the manufacturer, Rand Medical, which produced the machine at a cost of $2.5 million. Prepare appropriate entries for Rand Medical from the beginning of the lease through the second lease payment on April 1, 2018.
In: Accounting
Rand Medical manufactures lithotripters. Lithotripsy uses shock
waves instead of surgery to eliminate kidney stones. Physicians’
Leasing purchased a lithotripter from Rand for $2,210,000 and
leased it to Mid-South Urologists Group, Inc., on January 1, 2021.
(FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of
$1) (Use appropriate factor(s) from the tables
provided.)
| Lease Description: | |||
| Quarterly lease payments | $ | 156,361—beginning of each period | |
| Lease term | 5 years (20 quarters) | ||
| No residual value; no purchase option | |||
| Economic life of lithotripter | 5 years | ||
| Implicit interest rate and lessee's incremental borrowing rate | 16% | ||
| Fair value of asset | $ | 2,210,000 | |
Required:
1. How should this lease be classified by Mid-South
Urologists Group and by Physicians' Leasing?
2. Prepare appropriate entries for both Mid-South
Urologists Group and Physicians' Leasing from the beginning of the
lease through the second rental payment on April 1, 2021. Adjusting
entries are recorded at the end of each fiscal year (December
31).
3. Assume Mid-South Urologists Group leased the
lithotripter directly from the manufacturer, Rand Medical, which
produced the machine at a cost of $1.9 million. Prepare appropriate
entries for Rand Medical from the beginning of the lease through
the second lease payment on April 1, 2021.
In: Accounting